A class action lawsuit has been filed against SLM Corporation, also known as Sallie Mae, on behalf of investors who purchased the company’s securities between July 25, 2025, and August 14, 2025. The lawsuit alleges that Sallie Mae misled investors regarding the company’s loan delinquencies, claiming that the rise in early-stage delinquencies was typical for the season and emphasizing the effectiveness of its loss mitigation and loan modification strategies. However, when the true extent of the company’s loan delinquencies was disclosed, Sallie Mae’s stock price fell by $2.67 per share, or 8.09 percent, closing at $30.32 on August 15, 2025. Investors who acquired shares during the class period have until February 17, 2026, to seek appointment as lead plaintiff in the case.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SLM Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 279908) on January 09, 2026, and is solely responsible for the information contained therein.
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